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Judging strangers' preferences may actually be easier when they're less like our own

4 days 6 hours ago
Researchers already know that humans have a tendency to use egocentric anchoring—a cognitive bias in which people use their own preferences, beliefs and perspectives as a mental starting point (or anchor) to understand or predict what another person thinks, feels or prefers. This is not necessarily a sign of selfishness or self-importance, but a way for us to better understand others.

Stock Indexes Mostly Lower as Chipmaker Weakness Persists

4 days 6 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.06% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.96%. December E-mini S&P futures (ESZ26 ) are down -0.10%, and December E-mini...
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Wall Street Anxiety Spreads as AI Rout Meets $110 Oil Shock

4 days 6 hours ago
Wall Street has spent the year betting on staggering AI growth while worrying about stubborn inflation. This week, investors got a fresh taste of both risks: a deepening rout in the AI complex that reached into its debt financing, and oil at $110 a barrel threatening to make inflation harder to contain.
Vildana Hajric and Emma Haidar

Sugar Prices Decline on Drier Weather Forecasts for Brazil

4 days 6 hours ago
March NY world sugar #11 (SBH27 ) closed down -0.28 (-1.33%) on Friday, and December London ICE white sugar #5 (SWZ26 ) closed down -6.20 (-1.10%). Sugar prices came under pressure on Friday as forecasts for hot, dry weather next week in Brazil’s Center-South region, the country’s largest sugar-producing area,...
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Stocks are Mixed on Rotation Out of Chipmakers and AI Stocks

4 days 6 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.03% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. December E-mini S&P futures (ESZ26 ) are up +0.05%, and December E-mini...
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